Softbank Buys $20 Billion Stake In Sprint-Nextel | WAMU 88.5 - American University Radio
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Softbank Buys $20 Billion Stake In Sprint-Nextel

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Japan's Softbank has announced it will spend $20 billion to take a majority stake in Sprint-Nextel. The deal will provide Sprint, the third largest carrier in the U.S. market, with some much needed cash. It also gives Softbank the opening it's been looking for to break into the U.S. market.
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